Hosting ASOSAI 14 enhances prestige of Vietnam: NA Vice Chairman

Hanoi (VNA) – The hosting of the Asian Associations of Supreme Audit Institutions
(ASOSAI)’s 14th Assembly shows the ASOSAI community’s high valuation of the
State Audit of Vietnam (SAV), while contributing to enhancing the prestige of
Vietnam’s external activities, including those of the National Assembly, said NA
Vice Chairman Phung Quoc Hien.

In an interview with
the Vietnam News Agency ahead of the event, Hien, who is also head of the steering
committee for organising the 14th Assembly of the ASOSAI, said that one of the
prioritised tasks of the SAV is to develop the existing bilateral and
multilateral as well as traditional partnerships with members of the ASOSAI and
the International Organisation of Supreme Audit Institutions (INTOSAI).

During its 24 years of
development, the SAV has made positive contributions to the operation of the
Asia-Pacific audit sector, especially the growth of the ASOSAI community, he
said.

Along with the
comprehensive reform process, Vietnam has strengthened its intensive international
integration and contributed to multilateral mechanisms.

As a responsible member
of regional and global cooperation mechanisms, Vietnam has hosted many major international
events, including the 132nd Assembly of the International Parliamentary Union
(IPU) in 2015, the APEC Leaders’ Week in 2017, the 26th meeting of the Asia-Pacific
Parliamentary Forum (APPF 26) and the World Economic Forum on ASEAN (WEF ASEAN)
in 2018.

The success of the
events has affirmed the new role and position of Vietnam in the world arena,
stated Hien.

He held that external activities
of the SAV both help enhance the position of Vietnam in foreign relations, and create
opportunities for the agency to learn experience from other countries in the
world.

Mentioning the theme
of the 14th Assembly of the ASOSAI, Hien said that the environment matter is among
big obstacles for the development of countries.

Climate change and the
rapid growth of economies have brought about issues related to pollution, waste,
and natural resources. If not being solved adequately, the development of
countries, including Vietnam, will face great difficulties. Therefore, choosing
the theme “Environmental Auditing for Sustainable Development” is a proper
choice, he said.

Regarding the
significance of the event’s hosting to Vietnam, the NA Vice Chairman said that
this is an important political-diplomatic and professional cooperation event,
reflecting the growth of the SAV which is much younger compared to that in
other countries in the region as well as in the world.

The event is a good
chance for the SAV to absorb international knowledge, standards and experiences
as well as make full use of resources from the ASOSAI and its members to
enhance its capacity for further development.

The SAV will become
the ASOSAI Chair for the 2018-2024 tenure and a member of its Governing Board
in the 2015-2024 period. The hosting of the 14th Assembly will be an opportunity
for the SAV to affirm its role and position, while winning trust from ASOSAI
members and international organisation in its capacity to host a large
international event, he said.

Hien added that the
ASOSAI 14 is also a chance for the SAV to continue reforming and completing
itself in all fields.

During the event, a
number of important documents are expected to be issued, including effective
policies, solutions and tools to deal with various issues.

As the SAV’s legal
status has been stated in the Constitution, the event will help improve the
role of the SAV in bettering the efficiency of public finance and asset, thus
building a transparent and strong finance sector, stated Hien.

The SAV became a
member of the International Organisation of Supreme Audit Institutions
(INTOSAI) in 1996, and joined the Asian Organisation of Supreme Audit
Institutions (ASOSAI) in 1997.

The SAV will host
the 14th Assembly of ASOSAI slated for September 19-22 in Hanoi.

Established in 1979
with 11 members, ASOSAI now has 46 members. The ASOSAI Assembly is held every
three years.-VNA